Thursday, 31 July 2014
On the tender in Egypt Russian wheat won, raising prices
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State importer of Egypt company GASC in the tender on 30 July purchased 175 thousand tons of the Russian soft milling wheat with delivery 11-20 September 2014.
Just was purchased:
60 thousand tons of the company Olam price 246.99 $/ton FOB at the rate of sea freight 11.88 $/ton National Navigation
60 thousand tons from Cargill at a price of 249 $/ton FOB
55 thousand tons of the company Glencore at a price of 249 $/ton FOB at the rate of sea freight 11.94 $/ton Venus
The purchase price of Russian wheat compared to tender dated 23 July rose by 2.5 $per ton, as we predicted a week ago. But still the Russian wheat were no rivals either price C&F, or by the number of proposals.
Translated by service "Yandeks.perevod"
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